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359 Highway 25 N, Greenbrier, AR

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359 Highway 25 N

Greenbrier, AR 72058-9450 - Faulkner County Submarket

Property Type:Retail Sub Type:- Status:Existing Year Built:2016
Building Size:9,026 SF Land Area:1.77 AC (77,101 SF)
For Sale Price:$1,161,000 Price/SF:$128.63
Cap Rate:-

Sale Notes:
Stan Johnson Company is pleased to offer for sale to qualified investors an attractive retail property 100% leased to Dollar General located in Greenbrier, Arkansas.

Dollar General is operating under a Fifteen (15) year Absolute NNN lease with Fifteen (15) years remaining. The lease features Five (5), Five (5) year renewal options with 10% rental increases every Five (5) years in the option periods.

Dollar General is a U.S. chain of variety stores headquartered in Goodlettsville, Tennessee. As of March 23, 2016, it operated 12,483 stores located in 43 states. The company currently holds an investment grade credit rating of BBB/Stable with S&P.
This property is located on the town border of Guy and Greenbrier, Arkansas in Faulkner County. It is part of the Little Rock North Little Rock Conway Metropolitan Statistical Area. Little Rock-North Little Rock-Conway Metropolitan Statistical Area, is the most populous metro area in Arkansas. It is the core of the broader Little Rock-North Little Rock Combined Statistical Area. Its economic, cultural, and demographic center is Little Rock, Arkansas' s capital and largest city. The Little Rock Combined Statistical area spans ten counties and had an estimated population of 902,443 in 2014.

The Clinton National Airport in Little Rock is the largest commercial airport in the state, with more than 100 flights arriving or departing each day and nonstop jet service to eighteen cities. North Little Rock Municipal Airport, located across the Arkansas River, is designated as a general aviation reliever airport for Clinton National by the Federal Aviation Administration (FAA). Central Arkansas also has several smaller municipally owned general aviation airports: Conway Airport at Cantrell Field in Conway, Saline County Regional in Benton, Grider Field in Pine Bluff.

Stan Johnson Company
Chad Byerly
(918) 494-2690

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